Retirees could be defaulted into annuity purchase default over CDC at retirement
Minister says CDC has important role in task of finishing pensions settlement
Pensions industry reacts to the government green-lighting CDC scheme expansion
LCP says industry is at an ‘inflection point’ in UK pension provision
UMES regs to be laid in parliament this week and DWP to consult on retirement CDC policy
Important to ‘avoid losing momentum’ to meet government’s ‘ambitious’ timetable
Provider will also develop single-employer CDC schemes for larger businesses
Matthew Webb sets out three actionable suggestions to improve member options
CDC extension legislation, TPR annual DB funding statement and WPC report on DB market
Hymans paper says reforms to pensions policy could provide Treasury with £28.5bn a year